Salford Trotter Posted August 18, 2019 Share Posted August 18, 2019 In the event of No Deal there will be further pain to be laid at UK business' doorsteps supplying Lidl's Irish stores with other retailers likely to follow suit. Having worked with Lidl as one of their suppliers I know how that might impact on the profit margins of smaller suppliers, many will simply not be able to afford to do so. https://www.bbc.co.uk/news/business-49389152?intlink_from_url=https://www.bbc.co.uk/news/politics&link_location=live-reporting-story Quote Link to comment Share on other sites More sharing options...
Site Supporter Winchester White Posted August 18, 2019 Site Supporter Share Posted August 18, 2019 8 minutes ago, Salford Trotter said: In the event of No Deal there will be further pain to be laid at UK business' doorsteps supplying Lidl's Irish stores with other retailers likely to follow suit. Having worked with Lidl as one of their suppliers I know how that might impact on the profit margins of smaller suppliers, many will simply not be able to afford to do so. https://www.bbc.co.uk/news/business-49389152?intlink_from_url=https://www.bbc.co.uk/news/politics&link_location=live-reporting-story Given that we have been in the EU so long, I wonder how many businesses have such a clause? Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 18, 2019 Share Posted August 18, 2019 Just now, Winchester White said: Given that we have been in the EU so long, I wonder how many businesses have such a clause? The likes of the Aldi and Lidl work on annual supply contracts so they renegotiate the terms based on market forces at the time and therefore their legal teams will be able to change terms in the likelihood of a No Deal brexit. If a supplier refused to sign the contract they would be removed from the supplier list and they would find a supplier who is prepared to agree to them. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 18, 2019 Share Posted August 18, 2019 4 minutes ago, Salford Trotter said: The likes of the Aldi and Lidl work on annual supply contracts so they renegotiate the terms based on market forces at the time and therefore their legal teams will be able to change terms in the likelihood of a No Deal brexit. If a supplier refused to sign the contract they would be removed from the supplier list and they would find a supplier who is prepared to agree to them. Any supplier who’s quoting them without pricing in the possible increase tariff after a no deal Brexit would deserve all they got. Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 18, 2019 Share Posted August 18, 2019 1 minute ago, Mounts Kipper said: Any supplier who’s quoting them without pricing in the possible increase tariff after a no deal Brexit would deserve all they got. You clearly know nothing about food industry margins 🤣 Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 18, 2019 Share Posted August 18, 2019 (edited) 2 minutes ago, Salford Trotter said: You clearly know nothing about food industry margins 🤣 I know enough about business and having quoted Aldi in the past to know that quoting for business without including any potential tariff increase would not happen in any prudent business. Edited August 18, 2019 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 18, 2019 Share Posted August 18, 2019 2 minutes ago, Mounts Kipper said: I know enough about business and having quoted Aldi in the past to know that quoting for business without including any potential tariff increase would not happen in any prudent business. What market do you operate within? Like i said, you know nothing about the food industry and the low margins suppliers very often operate on because they are constantly being squeezed. Suppliers are left in impossible positions as if they build in contingency pricing then they risk losing the contract yet if they take the risk that there will be a deal and there isn't many will be forced to withdraw supply or make staff redundant to reduce costs. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted August 18, 2019 Moderators Share Posted August 18, 2019 Redundant staff, you say Tough shit Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 18, 2019 Share Posted August 18, 2019 (edited) 3 minutes ago, Casino said: Redundant staff, you say Tough shit If you sell goods for less than you pay for them then that’s what happens. Edited August 18, 2019 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 18, 2019 Share Posted August 18, 2019 (edited) 6 minutes ago, Salford Trotter said: What market do you operate within? Like i said, you know nothing about the food industry and the low margins suppliers very often operate on because they are constantly being squeezed. Suppliers are left in impossible positions as if they build in contingency pricing then they risk losing the contract yet if they take the risk that there will be a deal and there isn't many will be forced to withdraw supply or make staff redundant to reduce costs. All Lidl and Aldi suppliers operate on low margins it goes with the territory but to quote for a 12 month contract while not including a possible tariff increase is stupidity. I’d ask for a clause to be inserted in case of no deal, if they say no then wouldn’t sign a contract. Edited August 18, 2019 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 18, 2019 Share Posted August 18, 2019 1 minute ago, Mounts Kipper said: All Lidl and Aldi suppliers operate on low margins it goes with the territory but to quote for a 12 month contract while not including a possible tariff increase is stupidity. As I said this leaves UK suppliers in an impossible position but you are missing the central point though...No Deal will have serious repercussions on UK businesses particularly if the Gvt reduce tariffs for imports coming into the UK to avoid price increases for shoppers whilst there are tariffs imposed on UK exports making them uncompetitive. That is a 'no win' for all concerned Quote Link to comment Share on other sites More sharing options...
Members bolty58 Posted August 19, 2019 Members Share Posted August 19, 2019 (edited) 15 hours ago, boltondiver said: Well, if we are talking history, then Maastricht was a game changer, when the “ever closer union” became ever more apparent As soon as they say 'far right' you may as well give up. Utter stupidity to label Nigel Farage as far right but, hysterical screechers will screech. Edited August 19, 2019 by bolty58 Quote Link to comment Share on other sites More sharing options...
Members bolty58 Posted August 19, 2019 Members Share Posted August 19, 2019 10 hours ago, Mounts Kipper said: All Lidl and Aldi suppliers operate on low margins it goes with the territory but to quote for a 12 month contract while not including a possible tariff increase is stupidity. I’d ask for a clause to be inserted in case of no deal, if they say no then wouldn’t sign a contract. There you go again with that pesky common sense. I suppose you wouldn't give away our sole negotiating card of 'no deal' would you? Have you any business acumen whatsoever? I am listening to ST and Bury boy in future. They'll soon have me paying 45 quid for a sandwich with their undisputed genius. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 19, 2019 Share Posted August 19, 2019 11 hours ago, Salford Trotter said: The likes of the Aldi and Lidl work on annual supply contracts so they renegotiate the terms based on market forces at the time and therefore their legal teams will be able to change terms in the likelihood of a No Deal brexit. If a supplier refused to sign the contract they would be removed from the supplier list and they would find a supplier who is prepared to agree to them. Funny how I always miss the point when I call you out. Never mind. Still on holiday so I’m chilled. x Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 19, 2019 Share Posted August 19, 2019 15 minutes ago, Mounts Kipper said: Funny how I always miss the point when I call you out. Never mind. Still on holiday so I’m chilled. x You chill out and enjoy your holiday mate👍 Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 19, 2019 Share Posted August 19, 2019 13 hours ago, Winchester White said: Given that we have been in the EU so long, I wonder how many businesses have such a clause? would most businesses not renegotiate their contracts on a yearly basis? Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 19, 2019 Share Posted August 19, 2019 12 hours ago, Mounts Kipper said: quoting for business without including any potential tariff increase would not happen in any prudent business. he's right, still I'm sure that some have quoted and will be hoping we'll get a deal, so they're not affected - I must admit, I've gambled on a large chunk of business and am hoping that tariffs won;t be applied, if they are, and it causes us a problem, I'll just walk away from it Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 19, 2019 Share Posted August 19, 2019 12 hours ago, Salford Trotter said: As I said this leaves UK suppliers in an impossible position but you are missing the central point though...No Deal will have serious repercussions on UK businesses particularly if the Gvt reduce tariffs for imports coming into the UK to avoid price increases for shoppers whilst there are tariffs imposed on UK exports making them uncompetitive. That is a 'no win' for all concerned We'll not get "no deal" though, Mounts has already told you it's "common knowledge" that he EU are going to re-negotiate with us - they might need to get a move on though. Anyway, we'll soon ask for an extension, so we can kick any potential issues down the road for another couple of months Quote Link to comment Share on other sites More sharing options...
Guest Posted August 19, 2019 Share Posted August 19, 2019 12 hours ago, Salford Trotter said: As I said this leaves UK suppliers in an impossible position but you are missing the central point though...No Deal will have serious repercussions on UK businesses particularly if the Gvt reduce tariffs for imports coming into the UK to avoid price increases for shoppers whilst there are tariffs imposed on UK exports making them uncompetitive. That is a 'no win' for all concerned You might want to read Owen Paterson in this mornings Telegraph, which might offer insight Quote Link to comment Share on other sites More sharing options...
Salford Trotter Posted August 19, 2019 Share Posted August 19, 2019 8 minutes ago, boltondiver said: You might want to read Owen Paterson in this mornings Telegraph, which might offer insight I don't subscribe Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 19, 2019 Share Posted August 19, 2019 (edited) 29 minutes ago, Sweep said: We'll not get "no deal" though, Mounts has already told you it's "common knowledge" that he EU are going to re-negotiate with us - they might need to get a move on though. Anyway, we'll soon ask for an extension, so we can kick any potential issues down the road for another couple of months Any extension won’t force the EUs hand that’s why Johnson must press ahead with leaving on the31st October, not sure where that leaves parliament who will be trying to stop it. Edited August 19, 2019 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
kent_white Posted August 19, 2019 Share Posted August 19, 2019 If the middle aisle at Aldi is under threat then we need to avoid a no deal brexit at any cost. Where else am I going to find a 5 piece ceramic frog garden ornament set and a hammock at Monday lunchtime? Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 19, 2019 Share Posted August 19, 2019 24 minutes ago, Mounts Kipper said: not sure where that leaves parliament who will be trying to stop it. you know they will though, and the EU know this as well - our elected politicians really do have a lot to answer for Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 19, 2019 Share Posted August 19, 2019 10 minutes ago, kent_white said: If the middle aisle at Aldi is under threat then we need to avoid a no deal brexit at any cost. Where else am I going to find a 5 piece ceramic frog garden ornament set and a hammock at Monday lunchtime? Correct, I love popping in for a pint of milk and a loaf of bread and coming out with a wet-suit and a cow patterned fleecey throw Quote Link to comment Share on other sites More sharing options...
L/H White Posted August 19, 2019 Share Posted August 19, 2019 9 minutes ago, Sweep said: Correct, I love popping in for a pint of milk and a loaf of bread and coming out with a wet-suit and a cow patterned fleecey throw it's the only place I know where wheelbarrow wheels are next to the tins of tuna Quote Link to comment Share on other sites More sharing options...
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